Our intraday pivot is at 9520 our preference: long positions above 9520 with targets at 9740 and 9810 in extension Alternative scenario: below 9520 look for a further downside with 9387 and 9293 as targets comments: the immediate trend remains up and the momentum is still very strong. Support and resistance: 9885-R 9810-S 9740-R 9657-S NB: never risk more...
Possible pullbac into 9480.0 ? If so then I'm looking to buy Nas100 all the way to 9760.0
If Nas stays above 8875 It should stay in favor of the bulls. Once it breaks the 9160 resistance it will upwards from there. A good entry is 9175 heading towards 9344 for 179 Pips
If Nas remains above 8809 then it will keep a bullish momentum upwards. The 50MA is still above the 200MA and the 8EMA is getting ready to pierce the 50MA creating a bullish opportunity. Best Entry 9207 upwards to 9759 the last resistance zone. Over 552 pips to cover.
please use proper risk management as the news with covid 19 affects the market heavily
The last trend down was at 9750.09 i indicated it on the chart
This my idea on NASDAQ lets see how it plays out !!! we should see little downside before going up
A move towards downside indicated that it is going down very soon, however, a retest at the Resistance is expected before going further down
In 1 chart middle bollinger band work as a support line and price is moving to upper bollinger band. In 4 chart 50 EMA is working as a support. 50 EMA is below the 150 EMA which giving us a bullish confirmation. Daily chart shows its bullish trend as well and RSI line is crossing the 50 level. TP's & SL is up to you. Note: Trade at your own risk and no any...